Most Popular Compliance Content
HOEPA Disclosure Timing
02/09/2004
How long from the time of application does the Bank have to provide HOEPA disclosures on a HOEPA loan request?
New HMDA Sign
02/09/2004
When do we have to change the language on our HMDA notice in the lobbies of our branches to include ethnicity? Logically, the data collected in 2004 is the first to show ethnicity so I would think the notice language is changed to include that in 2005, when that data is available. I have found no source for new posters or even for the language other than your Guru Speaks about HMDA...any help would be appreciated. Thanks!
Finding a Census Tract Number
02/02/2004
When trying to find a census tract number, what if the address does not have a street number, just a street name? How do we handle this? Do we not submit the information?
CRA Public File
02/02/2004
If a bank provides its CRA Public File on its intranet or the Internet is it permissible to remove the paper editions from all its main office and branch locations?
Complaint Resolution Under RESPA
02/02/2004
I am in the process of reviewing and updating all of our compliance forms for our residential mortgage applications. On our current RESPA Servicing Disclosure, we state that any complaint resolution must be handled within 60 days of receiving the customer complaint. I am looking at a version (I assume current) in software we just purchased that states the complaint resolution needs to happen with 60 "busines" days. Does the "business" day statement meet RESPA requirements?